Anikó Fenyvesi

Retail

Hungarians could spend less on travel if vouchers system replaced with cash

Hungarians are likely to spend much less on travel, if the country’s unified voucher system, which enables employers to offer...

Sights

More than 600 turn out to protest Liget Budapest Project

More than 600 people took part in a demonstration yesterday to protest plans to transform Városliget (City Park) into a...

Tourism

KSH: Hungary’s population decreases more slowly in Jan-Feb

The Hungarian population decreased moderately in the first two months of this year with 14,843 births, or 0.5% more than...

Awards

Dentons wins ‘National Law Firm of the Year Award’

The Budapest office of Dentons law firm received the 2016 IFLR “National Law Firm of the Year Award” during the...

Banking

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Visits

Hungarian PM proposes ten-point action plan

Hungary’s Prime Minister Viktor Orbán put forward a ten-point action plan that he says will protect the European Union’s external...

Sights

New synagogue planned in Budapest

Plans are in place to build a 2,000 sqm synagogue and Jewish cultural center by the Margaret Bridge, near a...

History

Analyst: Hungary could cut base rate to 0%, cap forintʼs value

Hungaryʼs central bank could cut the base lending rate to zero, and may be preparing to introduce a cap on...

Social

Sziget Festival adds new acts to its lineup

Hungary’s biggest music event, the Sziget Festival, which will take place this year between August 10-17, has added a handful...

Deals

Heads of Hungarian, Romanian stock exchanges discuss cooperation

The CEO of the Bucharest Stock Exchange Ludwik Sobolewski and Chairman of the Budapest Stock Exchange (BSE) Márton Nagy met...

Deals

Report: EC fine in conflict over road tenders is about HUF 50 bln

The fine that the European Commission will levy against Hungary for the improper tendering of road work contracts is apparently...

Social

New additions to Sziget Festival lineup

Hungary’s largest musical event, the Sziget Festival, has just confirmed its lineup for the World Music Stage, according to a...

Deals

Hungarian creator of sign language software receives VC

Budapest-based startup SignAll Inc. has received €1.5 million from an international association of venture capitalists to help launch its software...

Incubators

Budapest hosts Startup Safari from April 21-22

The inner workings of Budapestʼs startup scene will be on display between April 21-22 for the Startup Safari, during which...

Initiatives

ECB continues to probe MNB programs

The European Central Bank is continuing to monitor a number of programs launched by the National Bank of Hungary (MNB)...

Awards

Turning recruitment into a game

Using a technique called gamification, Hungarian companies help engage potential job candidates and build their employer brand....

City

Gov’t decree could initiate HUF 150 bln-200 bln in developments near airport

The Hungarian government could declare a project to develop properties valued at HUF 150 billion-200 bln near the capital’s Liszt...

Int'l Relations

Hungarian National Trading House office opens in Slovakia

The Hungarian National Trading House (MNKH), created by the Hungarian state to support opportunities for domestic companies on markets abroad,...

Incubators

Telenor launches accelerator program to support Hungarian startups

Telenor announced the launch of its first accelerator program in Hungary to support local startups in their penetration of the...

Pharma

IMD lifts Hungary’s ranking by two spots

Hungary’s ranking among the world’s most competitive economies rose two rungs to 46th place, according to a press release issued...

Awards

CEE economy benefits from women in leadership

The CEO of PwC for Central and Eastern Europe, Olga Grygier-Siddons, spoke to the Budapest Business Journal about the role...

Visits

Orbán: Brussels will back down from migrant quota

Hungary’s referendum on the migrant quota will allow the Hungarian people to decide what kind of European Union they want,...

Awards

Report: Hungarian personal bankruptcy requests up 10%

Requests for personal bankruptcy submitted by Hungarian families were up 10% in the past month month with 385 applicants availing...

Deals

Lázár: Despite drop in GDP, growth projections remain

Many factors lie behind the contraction in GDP in the first quarter, including a dramatic decrease in EU funds being...

Deals

Telekom to host 7th annual SMART Conference

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom will host the seventh annual SMART Conference in Budapest on May 23...

Office Market

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Sights

Eurostat: Hungary’s Eximbank is not a bank

Eurostat, the EU statistics office, refutes the claim by the head of the Hungarian Central Statistical Office (KSH) that Eximbank...

Visits

PM announces plans to build test track for self-driving cars

The government will build an automotive test track in Zalaegerszeg, western Hungary, Prime Minister Viktor Orbán announced during the “Car...

Telco

Audi Hungaria revenues up 12% to HUF 2.6 trillion in 2015

Audi Hungaria Motor Kft.’s net revenues were up 12% last year reaching HUF 2.609 trillion, while the firm received state...

History

Hungary-U.S. Business Council to hold forum in July

The Hungarian-U.S. Business Council will hold a meeting in Budapest in July to strengthen economic ties between the two countries,...

Turning recruitment into a game

Using a technique called gamification, Hungarian companies help engage potential job candidates and build their employer brand....

Gov’t decree could initiate HUF 150 bln-200 bln in developments near airport

The Hungarian government could declare a project to develop properties valued at HUF 150 billion-200 bln near the capital’s Liszt...

Hungarian National Trading House office opens in Slovakia

The Hungarian National Trading House (MNKH), created by the Hungarian state to support opportunities for domestic companies on markets abroad,...

Telenor launches accelerator program to support Hungarian startups

Telenor announced the launch of its first accelerator program in Hungary to support local startups in their penetration of the...

IMD lifts Hungary’s ranking by two spots

Hungary’s ranking among the world’s most competitive economies rose two rungs to 46th place, according to a press release issued...

CEE economy benefits from women in leadership

The CEO of PwC for Central and Eastern Europe, Olga Grygier-Siddons, spoke to the Budapest Business Journal about the role...

Orbán: Brussels will back down from migrant quota

Hungary’s referendum on the migrant quota will allow the Hungarian people to decide what kind of European Union they want,...

Report: Hungarian personal bankruptcy requests up 10%

Requests for personal bankruptcy submitted by Hungarian families were up 10% in the past month month with 385 applicants availing...

Lázár: Despite drop in GDP, growth projections remain

Many factors lie behind the contraction in GDP in the first quarter, including a dramatic decrease in EU funds being...

Telekom to host 7th annual SMART Conference

Magyar Telekom, the Hungarian subsidiary of Deutsche Telekom will host the seventh annual SMART Conference in Budapest on May 23...

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Eurostat: Hungary’s Eximbank is not a bank

Eurostat, the EU statistics office, refutes the claim by the head of the Hungarian Central Statistical Office (KSH) that Eximbank...

PM announces plans to build test track for self-driving cars

The government will build an automotive test track in Zalaegerszeg, western Hungary, Prime Minister Viktor Orbán announced during the “Car...

Audi Hungaria revenues up 12% to HUF 2.6 trillion in 2015

Audi Hungaria Motor Kft.’s net revenues were up 12% last year reaching HUF 2.609 trillion, while the firm received state...

Hungary-U.S. Business Council to hold forum in July

The Hungarian-U.S. Business Council will hold a meeting in Budapest in July to strengthen economic ties between the two countries,...